SURVEY SNAPSHOT: Are You Ready for Busy Season?

The latest readings show that most accountants are well prepared for busy season, with about 30% ahead of schedule and 48% on schedule.

Meanwhile 54% are expecting better business and operations this year, compared to last year. And overwhelming majorities are looking forward to better financial results.

Still, nagging problems loom ahead, especially late or unprepared clients and late or erroneous K1s, 1099s and the like.

Some 10% of accountants are headed into busy season with new tax software, which can always cause unanticipated difficulties. Nevertheless, 24% of accountants are more than happy with their software.

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Get Paid What You’re Worth!

CPAs speak out on compensation issues. Next question: Are you ready for tax season 2008? Join the survey; see the answers.

by Rick Telberg

Here’s something rather surprising: Slightly more than half of the accountants we surveyed actually think they’re paid well enough.

I think it says much for our profession that a majority, however scant, is satisfied with its salaries. And I find it amazing that only 46 percent of respondents are dissatisfied. I wonder how many other professions can claim so many financially satisfied professionals.

Even more interesting are the reasons behind the satisfaction or its lack. And it was the lack, I should add, that drew the most comments in our survey.
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